Vertex, Inc.VERX

Market cap

$5.7B

P/E ratio

	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Total revenues	375	426	492	572
Total cost of revenues	165	162	193	224
Gross profit	209	264	298	349
Research and development	54	44	42	58
Selling and marketing	99	99	125	140
General and administrative	149	107	122	146
Depreciation and amortization	11	12	12	15
Operating Costs and Expenses	0	5	5	7
Total operating expenses	314	267	307	366
Loss from operations	-105	-3	-8	-18
Interest expense, net	-	-	-2	-
Interest expense, net	-	-	-	-4
Loss before income taxes	-108	-4	-10	-22
Income tax expense (benefit)	-29	-2	2	-9
Net loss	-79	-1	-12	-13
Foreign currency translation adjustments and revaluations, net of tax	-3	-14	-10	6
Unrealized (gain) loss on investments, net of tax	-	-	-0	0
Total other comprehensive (income) loss, net of tax	-	-	-10	6
Total comprehensive loss	-82	-16	-23	-7
Class A	-7	-0	-4	-5
Class B	-72	-1	-9	-8
Class A	-0.6	-0.01	-0.08	-0.09
Class B	-0.6	-0.01	-0.08	-0.09
Class A	-7	-0	-4	-5
Class B	-72	-1	-9	-8
Class A	-0.6	-0.01	-0.08	-0.09
Class B	-0.6	-0.01	-0.08	-0.09